This book discusses theories of monetary and financial innovation and applies them to key monetary and financial innovations in history - starting with the use of silver bars in Mesopotamia and ending with the emergence of the Eurodollar market in London.
This book discusses theories of monetary and financial innovation and applies them to key monetary and financial innovations in history - starting wit...
Two historical case studies, the growth deflation in the US after the Civil War and the bank credit deflation in Germany during the Great Depression are discussed to illustrate the points made in the theoretical analysis of deflation.
Two historical case studies, the growth deflation in the US after the Civil War and the bank credit deflation in Germany during the Great Depression a...
This book is devoted to the analysis of the three main financial crises that have marked this century: 2001 Argentina's defaulting on its external debt, the American subprime crisis in 2008, and the current European debt crisis in Europe.
This book is devoted to the analysis of the three main financial crises that have marked this century: 2001 Argentina's defaulting on its external deb...
This book explores financial stability issues in the context of East Asia. The volume explores the legal environment of central banks as lenders of last resort and analyzes challenges to financial stability such as shadow banking and the choice of exchange rate regimes.
This book explores financial stability issues in the context of East Asia. The volume explores the legal environment of central banks as lenders of la...
This book provides an up-to-date overview of the development of the German financial system, with a particular focus on financialization and the financial crisis, topics that have increasingly gained attention since the crisis and the discussion on the secular stagnation started.
This book provides an up-to-date overview of the development of the German financial system, with a particular focus on financialization and the finan...
This book presents contributions by leading academics and practitioners from central banks to shed light on the function and impact of cash in Asian countries. It explores the impact of cash on society, the role of cash in monetary policy, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with experiences from Europe.
Recently the role of cash in the economy has become a much-discussed topic in Europe, but the issue is also of considerable relevance in Asia. Singapore and South Korea, for example, are relatively...
This book presents contributions by leading academics and practitioners from central banks to shed light on the function and impact of cash in Asia...
